REGISTERED INVESTMENT ADVISOR ERRORS AND OMISSIONS (E&O)

Recent studies indicate many Registered Investment Advisors (RIAs) are unaware of the significance of their professional liability exposure.  Many feel the coverage is unnecessary; others believe he/she is covered through the Broker/Dealer through which they are affiliated.  Contrary to these misconceptions, uninsured RIAs run the risk of devastating personal financial loss in the event of a claim.  The Fox Point E&O product is a cost-effective way for RIA to protect themselves against a potentially catastrophic professional liability loss  More importantly, the coverage itself is completely portable.  It is designed to protect the individual policyholder – not the Broker/Dealer firm with which he/she is affiliated.

KEY PROGRAM FEATURES

  • • Multiple liability limit and deductible options available.*
  • • Policy designed to be completely portable, allowing coverage to continue uninterrupted if you change jobs..
  • • Separate sub-limit of liability offered for Cost of Corrections.
  • • Duty to defend provision*
  • • Policies issued on individual basis.  There are no shared aggregates (found in many group plans)
*certain restrictions may apply.

Premiums as low as $1,250